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FIBO

Offshore
Hong Kong
,
Since 1998
Last Updated:
47/100
Overall Score

Trading Conditions

Min Deposit:
USD100
Max Leverage:
500
Account Types
CentBasicECN+3 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

6 methods

Bank Wire Transfer

bank transfer
3 days
Fee:
Free
Fee:
$43

Credit/Debit Cards (Visa, Mastercard)

credit card
Instant
Fee:
Free
Fee:
4.5%

Skrill

e wallet
2 days
Fee:
Free
Fee:
1.0%

Neteller

e wallet
2 days
Fee:
Free
Fee:
2.0%

WebMoney

e wallet
2 days
Fee:
Free
Fee:
3.0%

Cryptocurrencies (Bitcoin, Ethereum, USDT, TRX)

crypto
Instant
Fee:
Free
Fee:
0.5%

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 63%, 2: License 37%, 3: Software 52%, 4: Spread 0%, 5: Account Type 36%, 6: Symbol 0%
Regulation
63%Fair
License
37%Poor
Software
52%Fair
Spread
0%Poor
Account Type
36%Poor
Symbol
0%Poor

Company Information

Full Name:FIBO Limited
Founded:1998
Headquarters:Hong Kong
Enterprise Offices:1offices

Customer Support

Phone:
0085230697555
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction and Overview

In the dynamic world of financial trading, choosing the right broker is paramount for both novice and professional traders. FIBO stands as a name within the trading broker landscape, providing financial services that are aimed at giving access to global markets. Detailed public information about FIBO might be scant; therefore, understanding the general framework and possible offerings of this kind of broker will help traders make informed decisions.

This article takes an in-depth look into FIBO, presenting a background of the company, its main features, the regulatory status, trading conditions, fee structures, and user experience. Given the scarcity of specific details about the financial institution in question, the following overview tries to create a clear perspective in a professional manner from the insights provided.

History and Background

Specific information about the history and formation dates of FIBO is scant. In most cases, brokers in this industry are born with the aim of offering retail and institutional traders markets in different financial instruments such as forex, commodities, indices, and CFDs. It would, therefore, be expected that FIBO follows this trend, with a primary focus on offering trading services via modern e-platforms.

There is not much that can be described about the date of establishment of the firm, its growth path, and milestones without concrete historical data. FIBO and the like brokers have grown step by step according to the demands of the market and regulatory conditions in a way that they should gradually create trust among their audience and grow business accordingly.

Key Features and Offerings

Although specific features are not publicly discussed in detail for FIBO, the usual practice of these brokers is to offer multiple trading instruments and various trading platforms to fulfill traders' requirements. These may include forex pairs, commodities, indices, and quite possibly cryptocurrencies.

In addition, most brokers provide several account types, training facilities, and support systems to make trading easier and more comfortable for their clients. FIBO is likely to follow this trend in striving for ease of access and simplicity in trading conditions.

Trading Instruments

Due to the limited availability of data, it is not possible to report an exact number of instruments supported by FIBO. Usually, brokers dealing in this domain offer the following:

Major and minor forex currency pairs

Commodities ranging from gold, silver, to oil.

Stock indices from global markets

CFDs on different types of assets

Account Types

Information about the types of accounts proposed by FIBO is not available. In any case, a broker usually offers some account types to fit different trader profiles: demo accounts, standard accounts, and premium or VIP accounts, each offering various features and requirements regarding the minimum deposit amount.

Licensing and Regulatory Compliance

It is very important when choosing a broker to consider regulatory oversight. Little, if any, can be found regarding FIBO's current status in holding or maintaining any type of regulatory licenses. It is suggested that traders proceed with caution and confirm directly with the broker its regulatory framework prior to undertaking any trading activity.

The following table is a placeholder, showing typical regulatory information provided by brokers, but with no specific details for FIBO since that information is not available.

Regulator

License Number

Status

Limited information available

Trading Conditions and Technology of the Platform

Among the most important conditions for traders are trading conditions, including spreads and leverage, along with a minimum deposit. The spread and minimum deposit at FIBO are not well-documented on their public websites. Commonly, brokers provide better spreads, leverage within regulatory boundaries, and low minimum deposit requirements to cater to more clients.

When it comes to platform technology, brokers usually give access to well-known trading platforms like MT4/MT5; these platforms guarantee reliability with advanced charting tools. It is beyond reasonable doubt that FIBO does offer similar, if not better, platforms for swift trading.

Trading Conditions

Typical Range / Offering

Notes

Spreads

Variable, from 0.0 pips (assumed)

Information is sparse.

Leverage

To 1:500-inustry standard

Subject to any regulatory limitations

Minimum Deposit

Varies; usually $100

Not specified for FIBO

Trading Platforms

MT4, MT5

Common industry platforms

Fee Structure

To manage the trading costs effectively, one needs to understand a fee structure. Unfortunately, detailed information on FIBO's fees (such as deposit/withdrawal and commission charges) is not available. Most often, brokers would charge a commission on specific account types or instruments, while spreads vary depending on market conditions.

Deposit and withdrawal fees also differ depending on many factors concerning payment methods and broker policies. Traders should verify these facts directly with FIBO to avoid unexpected costs.

Fee Type

Typical Range

Notes

Fee for Deposits

Usually none or minimal

Not specified for FIBO

Withdrawal Fees

Method-dependent

Information very limited

Commission

Possible on the ECN accounts

Not confirmed for FIBO

Spreads

Variable

Depending on the account type and market

User Experience and Market Reputation

Lack of publicly available data makes it difficult to present a meaningful account of FIBO's user experience and market reputation. Overall, traders appreciate those brokers more who respond promptly to customer support queries, have intuitive platforms, and transparent trading conditions.

Reviews and testimonials about customer service are very important to get clients' trust in the company. Talking directly with FIBO will give an apparent idea of their service and reliability. Community forums and financial trading networks can give even more detailed information.

Recent Developments

There isn't any information available on recent updates or news concerning FIBO. Many brokers inform clients of updates in services offered, partnership changes, or even changes in regulations. To stay updated on the latest developments, it is suggested that official channels and communication from FIBO be monitored.

Conclusion

FIBO is a representative of a trading broker in financial services; however, its operational activities, regulatory position, and available services are disclosed only to a limited extent. As such, traders interested in FIBO should carry out thorough due diligence by first making inquiries directly to it and verifying compliance with regulatory bodies before engaging in trading activities. While this review has provided a systematic overview based on the insights available within the public domain, potential clients are nonetheless advised to conduct further research to be adequately assured that FIBO will meet their particular trading needs and level of risk tolerance.

Regulatory Licenses

Compliance & oversight

2 licenses
United Kingdom
FCATier 1
United Kingdom#532885
License Details
Type:N/A
License #:532885
Status:Regulated
Validity
Effective:N/A
Expires:N/A
British Virgin Islands
BVI FSCTier 3
British Virgin Islands#SIBA/L/13/1063
License Details
Type:Financial Service
License #:SIBA/L/13/1063
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
2
Countries
0
Offshore

Account Types

Trading account options

6 types
Cent
Cent
Leverage 1:3000 • Commission No commission
Leverage1:3000
CommissionNo commission
Basic
Standard
Min Deposit USD 50 • Leverage 1:200 • Commission No commission
Min DepositUSD 50
Leverage1:200
CommissionNo commission
ECN
ECN
Min Deposit USD 50 • Leverage 1:400 • Commission 0.003% per transaction
Min DepositUSD 50
Leverage1:400
Commission0.003% per transaction
Spread only
Standard
Min Deposit USD 50 • Leverage 1:400 • Commission No commission
Min DepositUSD 50
Leverage1:400
CommissionNo commission
Standard
Standard
Min Deposit USD 50 • Leverage 1:400 • Commission No commission
Min DepositUSD 50
Leverage1:400
CommissionNo commission
ECN
ECN
Min Deposit USD 50 • Leverage 1:100 • Commission 0.012% per transaction, min $1
Min DepositUSD 50
Leverage1:100
Commission0.012% per transaction, min $1
6
Total Types
3
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

6 methods
Bank Wire Transfer
Bank Transfer3 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:USD 42.5
Min:USD 80
Max:N/A
FIBO Group compensates up to $30 in bank fees for deposits over $1,000. Available for clients depositing in EUR and USD.
Credit/Debit Cards (Visa, Mastercard)
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:4.5%
Min:N/A
Max:USD 3,000
Available for clients depositing and withdrawing in USD.
Skrill
E-Wallet2 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:1%
Min:N/A
Max:N/A
Available for clients depositing and withdrawing in USD.
Neteller
E-Wallet2 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:2%
Min:N/A
Max:N/A
Minimum withdrawal fee is 1 USD/EUR. Available for clients depositing and withdrawing in USD and EUR.
6
Free Deposit
6
Instant
1
Crypto

Trading Platforms

Professional trading tools

3 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit
cTrader

cTrader

by Spotware Systems Ltd • 2011

Windows
Mac
Web
Android
+4
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with FIBO: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark FIBO at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for FIBO

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

11 sites
🌐
https://de.fibogroup.com/
Unknown
Active
SSL
🌐
https://it.fibogroup.com/
Unknown
Active
SSL
🌐
https://www.fibogroup.mx/
Unknown
Active
SSL
🌐
https://pt.fibogroup.com/
Unknown
Active
SSL
11
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Corporate Network

Enterprise structure & relationships

1 entities

FIBO LIMITED

United Kingdom
dissolved

Registration

02981034

Established

2019-03-16

Comments

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